The December 2023 issue (II) of Business Review magazine has been published in digital format. The cover features the main story entitled “A visionary leader entrusted with the consolidation of CPI’s portfolio in Romania”.To download the magazine in digital format, please fill out this form and we'll send you a PDF version.
Editorial: Preparing for a better 2024
Anda Sebesi, Editor-in-Chief of Business Review
“2023 was a challenging yet fruitful year for many sectors in Romania, from banking to retail and logistics, e-commerce and real estate. Consumer spending fell after several years of sustained growth. Paradoxically, however, while sales volumes fell, their total value increased. The main cause of this was inflation, which exceeded 10% in the first half of the year.
Shopping centres have faced many challenges in recent years, especially during the pandemic, but 2023 has been a year of transformation, proving once again the resilience of brick-and-mortar retail, one of the sectors with the greatest experience in reinventing itself and one of the sectors that has managed to emerge even stronger in the current economic context. According to Fulga Dinu, Country Manager of CPI Romania, a business leader who graces the cover of this month's issue, business vision must be oriented towards the customer and their needs, as it is essential to foster a positive experience at each stage of the customer journey.
Meanwhile, logistics and industry continued to develop, setting new records for modern industrial facilities.The good news is that online trade in goods and services in Romania is expected to reach €10 billion this year, which represents 60% of Eastern Europe's total online trade of €17.6 billion.
As we weather the turmoil and uncertainty of 2023, all we can do is hope that 2024 will be a better year than expected, and that the local business environment will find ways to turn difficult situations into great opportunities!”
In this issue:
- Who's news?
- Nadia Calvino has won the backing of EU finance ministers to become the next president of the European Investment Bank from January 2024.
- Dan Teodosiu has been appointed to the Revolut Group Board as a Non-Executive Director.
- Julien Munck has been appointed Chief Operating Officer of Carrefour France from January 2024, following a three-year tenure with the Carrefour Romania team.
- Raluca Stanislav has joined Cushman & Wakefield Echinox as business development director.
- Dina Tsybulskaya has been appointed CEO of eSIM Plus, a global virtual SIM provider.
- Kempinski Hotels Announces Plans for Chic Ski Resort in Romania
- Al Dhafra and Agrina announce carbon farming project on EU's largest arable land
- Strong private sector key to Romania's economic growth
- Real estate market ends tough 2023
- A visionary leader entrusted with consolidating CPI's portfolio in Romania
- Consumer demand unlikely to recover in 2024
- BAT DBS Romania Hub celebrates 15th anniversary
- Romanesca Eximbank builds strong and sound foundation for future growth
- A straight path to resilience, efficiency and sustainability
- While sales of electronics and home appliances are declining, the software industry is still growing
- Technological Excellence in Green Urban Development
- How a new generation engages with brands online
- A Winter's Tale: The most Instagrammable places in Bucharest
Editor-in-Chief: Anda Sebesi | Journalists: Aurel Constantin, Mihai Cristea, Mirna Maksim, Romanita Oprea, Oana Vasiliu
Contributors: Ovidiu Posirca and Claudiu Vrinceanu
Copy Editor: Anca Alexe | Photo Editor: Mihai Constantineanu | Photo: Dreamstime.com | Art Director: Raluca Dumitru
Publisher: Bloc-Notes Media Network Address: 82-98 Calea Grivitei, 1st floor, Hotspot Workhub, District 1, Bucharest, Romania
Sales & Marketing Manager: Luisa Luca
Produced by Dan Mitroy | Distributed by Eugene Mussatto
Executive Director: George Moise | General Manager: Catalin Alistari | US Manager: Oana Molodoi | Founding Editor: Bill Avery
